KD Logo

Piper Sandler Upgrades Old Republic International Corp (ORI) to an Overweight from a Neutral

NUE

In a filing, Old Republic International Corp revealed its Officer MONROE CAROLYN acquired Company’s shares for reported $0.33 million on Feb 04 ’25. In the deal valued at $36.35 per share,9,188 shares were bought.

Then, LANGE JEFFREY sold 1,098 shares, generating $40,143 in total proceeds. Upon selling the shares at $36.56, the SVPUnderwriting & Distribution now owns 34,679 shares.

Before that, LANGE JEFFREY bought 1,098 shares. Old Republic International Corp shares valued at $40,080 were divested by the Officer at a price of $36.50 per share.

Piper Sandler upgraded its Old Republic International Corp [ORI] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in mid May with a ‘”a Neutral”‘ rating. Raymond James also remained covering ORI and has decreased its forecast on April 29, 2022 with a “an Outperform” recommendation from previously “Strong buy” rating. JMP Securities revised its rating on July 12, 2019. It rated ORI as “a Mkt perform” which previously was an “a Mkt outperform”.

Price Performance Review of ORI

On Tuesday, Old Republic International Corp [NYSE:ORI] saw its stock fall -0.33% to $36.13. Over the last five days, the stock has lost -1.50%. Old Republic International Corp shares have risen nearly 5.70% since the year began. Nevertheless, the stocks have risen 38.25% over the past one year. While a 52-week high of $37.39 was reached on 01/28/25, a 52-week low of $25.69 was recorded on 01/13/25. SMA at 50 days reached $36.52, while 200 days put it at $34.11.

Levels Of Support And Resistance For ORI Stock

The 24-hour chart illustrates a support level at 35.96, which if violated will result in even more drops to 35.79. On the upside, there is a resistance level at 36.41. A further resistance level may holdings at 36.69. The Relative Strength Index (RSI) on the 14-day chart is 54.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.96%. Stochastics %K at 66.83% indicates the stock is a holding.

How much short interest is there in Old Republic International Corp?

A steep rise in short interest was recorded in Old Republic International Corp stocks on 2024-12-31, dropping by -0.41 million shares to a total of 2.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.97 million shares. There was a decline of -16.07%, which implies that there is a negative sentiment for the stock.

Most Popular